Class 7 Maths Worksheet: Profit and Loss, Simple Interest
The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.
NameDateTime takenScore ___ / 40
- 1.A table bought for ₹2800 is sold for ₹2520. What is the loss per cent?
- 2.What is 35% of 460?
- 3.The price of a bus pass changed from ₹250 to ₹475. What is the percentage increase?
- 4.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2480. What is the loss (in ₹)?
- 5.A shopkeeper buys a fan for ₹400 and sells it for ₹150. What is the loss (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹4400 at 9% per year for 2 years (in ₹)?
- 7.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹940. What is the profit (in ₹)?
- 8.What is 75% of 760?
- 9.What is 55% of 560?
- 10.What is 5% of 540?
- 11.A fan costs ₹1800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 12.What is 35% of 860?
- 13.A mobile phone bought for ₹200 is sold for ₹176. What is the loss per cent?
- 14.What is the simple interest on ₹4600 at 3% per year for 1 year (in ₹)?
- 15.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
- 16.A watch costs ₹1700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 17.A shopkeeper buys a fan for ₹800 and sells it for ₹790. What is the loss (in ₹)?
- 18.What is 55% of 100?
- 19.The price of a box of mangoes changed from ₹400 to ₹360. What is the percentage decrease?
- 20.A cricket kit bought for ₹3200 is sold for ₹3840. What is the profit per cent?
- 21.What is the simple interest on ₹6500 at 11% per year for 5 years (in ₹)?
- 22.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
- 23.A fan costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 24.A table costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 25.What is 75% of 680?
- 26.What is the amount (principal + simple interest) on ₹600 at 4% per year for 4 years (in ₹)?
- 27.What is the simple interest on ₹8700 at 12% per year for 2 years (in ₹)?
- 28.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1950. What is the loss (in ₹)?
- 29.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1800. What is the profit (in ₹)?
- 30.What is the simple interest on ₹7400 at 7% per year for 5 years (in ₹)?
- 31.What is 80% of 580?
- 32.What is the simple interest on ₹9500 at 7% per year for 4 years (in ₹)?
- 33.A mobile phone costs ₹2000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 34.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
- 35.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 5 years (in ₹)?
- 36.A shopkeeper buys a cycle for ₹850 and sells it for ₹980. What is the profit (in ₹)?
- 37.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?
- 38.What is the amount (principal + simple interest) on ₹5100 at 6% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a watch for ₹2050 and sells it for ₹2270. What is the profit (in ₹)?
- 40.A cycle bought for ₹2600 is sold for ₹3380. What is the profit per cent?
Answer key
- 10
- 161
- 90
- 70
- 250
- 5192
- 90
- 570
- 308
- 27
- 2700
- 301
- 12
- 138
- 80
- 850
- 10
- 55
- 10
- 20
- 3575
- 40
- 3145
- 300
- 510
- 696
- 2088
- 50
- 150
- 2590
- 464
- 2660
- 1900
- 80
- 3375
- 130
- 80
- 6324
- 220
- 30
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